---
schema_version: "secwatch.filing_event.v1"
accession: "0000920427-23-000031"
form_type: "8-K"
ticker: "UNTY"
cik: "0000920427"
company_name: "UNITY BANCORP INC /NJ/"
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:55:04.872647+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Unity Bancorp discloses deposit base: 35k accounts, 75% FDIC insured, 50% retail

## Summary
- Approximately 35,000 deposit accounts with average balance of $28,000.
- 75% of deposit base is FDIC insured; 50% is retail deposits.
- Disclosure made by CEO James Hughes on Joe Piscopo radio show on March 30, 2023.

## SEC filing metadata
- accession: 0000920427-23-000031
- form_type: 8-K
- ticker: UNTY
- cik: 0000920427
- company_name: UNITY BANCORP INC /NJ/
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920427/000092042723000031/0000920427-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920427/000092042723000031/unty-20230330x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000920427-23-000031
- JSON: https://secwatch.observer/filing/0000920427-23-000031.json
- Plain text: https://secwatch.observer/filing/0000920427-23-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.